Which of the following statements is FALSE?
A) Transaction-based accounting information systems record only accounting transactions.
B) Transaction-based accounting information systems ignore nonfinancial data.
C) Transaction-based accounting information systems are no longer used in business settings.
D) Transaction-based accounting information systems ignore the relationships between business events and processes.
Correct Answer:
Verified
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Q24: Transaction-based accounting systems capture only
A) nonfinancial data.
B)
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Q26: Which of the following is an input
Q27: Which transaction would be recorded in a
Q28: Which transaction would NOT be recorded in
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